IRS explains why some 2020 Recovery Rebate Credits are different than expected

Wed Apr 07 2021

Here are some common reasons the IRS corrected the credit:


  • The individual was claimed as a dependent on another person’s 2020 tax return.
  • The individual did not provide a Social Security number valid for employment.
  • The qualifying child was age 17 or older on Jan. 1, 2020.
  • Math errors relating to calculating adjusted gross income and any EIPs already received.


For more info click here.